Fasin International Limited

Fasin International Limited is a small, active company based in London, UK, founded three years ago in 2021. It operates with a single employee and holds £47,003 in assets, though its registered address is likely a virtual one, shared by 28,859 other companies. The company is directed by two individuals and owned by Masood Faisal.

The company's website showcases a diverse range of products, positioning it as an importer and wholesaler of goods like Himalayan pink salt, toilet paper, pallet wrap, and pizza boxes. It caters to both retail and bulk buyers, offering private label services and emphasizing quality and competitive pricing. The website’s product portfolio suggests a focus on supplying essential materials for various industries, from food service to logistics.

Financially, Fasin International Limited presents a mixed picture. Current assets have seen a significant jump, rising 260% to £47,000, while cash reserves have increased dramatically, soaring 1500% to £12,000. However, retained earnings have also seen a dramatic shift, dropping 190% to £5,300. Creditors have increased by 51%, reaching £55,000, and loans from directors have also risen by 51%, reaching £55,000. Depreciation has increased, but the company's small size (meeting two of three conditions for a small company) allows it to remain agile. As a small company, it’ll likely be exempt from an audit, meaning the figures are unaudited.

The company’s growth in assets and cash reserves is encouraging, but the increase in creditors and loans suggests a reliance on external funding. It’s possible the company is investing in inventory to meet growing demand, or perhaps expanding its operations. It’s a bit strange that the company is still reliant on loans from directors.

Registered in England/Wales under the registration number 13637409, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.